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Kenya: Bank's exposure on sovereign debt rise significantly

In Kenya, local banks’ paper losses from holding government bonds shot up more than five times last year to Sh66.23 billion as the lenders took a hit from rising interest rates in 2022. CNBC Africa spoke to Sunil Sanger, the Managing Director, Orion Advisory Services LTD.
Tue, 23 May 2023 15:05:18 GMT